Brazil: Iron ore exports up 14% m-o-m in Dec’20

Brazil -the world’s second-largest iron ore exporter recorded a rise in its iron ore export volumes in Dec’20. Export volumes stood at 33.2 mn t in Dec’20, an increase of 14% as against 29.2 mn t in Nov’20, according to trade statistics released by Brazil customs. Exports have increased amid increased Chinese winter restocking demand ahead New Year holidays.